Overall lending of Armenia-based f banks in January 2016 decrease by 0.26% to 1.934.6 trillion drams

29.02.2016 19:01

YEREVAN, February 29. /ARKA/. The overall lending of Armenia-based commercial banks in January 2016 decreased by 0.26% when compared to December 2015, to 1.934.6 trillion drams, according to the numbers, released today by the National Statistical Service (NSS).

The NSS said the lending in foreign currency increased by 1.1% to the equivalent of 1.287.4 trillion drams, and the lending in Armenian drams decreased by 2.9% to 647.19 billion drams.

The overdue loans in January 2016 increased by 5.6% if compared to the previous month to 39.9 billion drams. Short-term overdue loans increased by 4.5% to 22.28 billion drams, while long-term loans increased by 6.9% to 17.69 billion drams.

During the reporting period, the amount of extended loans rose by 0.89% to 111.56 billion drams. -0-